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, not a word we hear often in washington. if there is compromise to avoid this fiscal cliff, where does it come? john boehner indicated, revenue is possible, but we're not raising tax rates. where is there compromise? >> i think where there's going to be a compromise on taxes, this be would be a good thing on the economy, might exchange lower tax rates in return for a reduction in all the loopholes that as it is distort economic activity. so if boehner were able to achieve that kind of compromise, that's one that the republicans could be pleased with. the bush tax cuts are gone, they're expiring, and the president said that 250,000 below, he wants that extended, but for those making more than 250, will the bush tax cuts come to an end? >> i don't think so. i think actually the they won't come to an end because the democrats don't want major reduction in spending, if you hit the cliff, the spending would go down and politicians love to spend money. an extension of the bush tax cuts, less we're blessed by the relatively few, jeff baso, the late steve jobs, you want to remove the barriers to their
a time or two. >> clayton: yeah, peter doocy live in washington this morning with the latest on where these negotiations stand and we can expect, i guess, tomorrow, peter, they get back to work after thanksgiving? >> reporter: that's right, clayton, so far just one meeting we know about the small, but bipartisan group of lawmakers trying to speteer the country away from the fiscal cliff and represent their parties. right after the bat after the first meeting speaker boehner told us he's ready to agree to new revenue in a deal, but the deal needs to be balanced. >> to show to your seriousness we've put revenue on the table, as long as it's accompanied by significant spending cuts. and while we're going to continue that revenue on the table. it's going to be incumbent for my colleagues to show the american people that we're serious about cutting spending and solving our fiscal dilemma. >> democrats, obviously, control the white house and the senate, but they still need the republican-led house to sign off on whatever potential deal they reach and even though that's caused significant gr
doocy is live in washington following the president with all of the details, good morning, peter. >> good morning, clayton, it is president obama's first international trip since the election, what they hope to get done before they get back to d.c., meet with the longest reigning monarch in the world, the king of thailand overnight and he's been in power since 1946. and a fun fact he was actually born in massachusetts, and next up comes burma, the president is visiting despite the very shaky record on human rights, but the white house says they think the best way to get burma to shape up is to directly engage them and add that the burmese have made continued positive action in the early stages of transition to democracy. a trip to cambodia on the schedule where he'll attend a summit with the association of southeast asian nations and host nation like burma, less than impressive human rights and although that's concerning, the president will bring it up when he sees the cambodia prime minister. even though he's away from the white house, the president is monitoring, we're told, wh
of change, of course not produced the change in washington that he promised in 2008. still, he said his critics are vetting the people turned off by the partisanship of the past four years and depress the voter turnout and he rallied people to go to the polls, here is a bit of what he had to say. >> and that's why i need you, ohio to make sure their voices are heard, to make sure your voices are heard. i want to keep fighting for you, and we've come to far to turn back now. >> the president in mentor, ohio, tomorrow, in columbus, ohio, and we'll see you there. back to you in new york. >> steve: thank you very much. one of the things the president's team the thing that the president has for him is his likability. back in august the president of the united states was 50's oon mitt romney was 40's. according to the brand new washington abc poll, mitt romney and barack obama are currently tied in exactly the same likability. >> gretchen: you could attest to the debate performance for mitt romney would be the first indicator, probably the first one and the president has gone negative and tha
Search Results 0 to 6 of about 7 (some duplicates have been removed)

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